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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (7610)3/11/2006 1:02:36 AM
From: Maurice WinnRead Replies (1) of 24758
 
An investment is something that returns profits. Dividends are from profits. You don't have to sell an investment to collect profits: <You have to sell an investment or you aren't investing.>

I would like to never sell my QUALCOMM shares. I bought a tranche, or maybe it was a wallop, of QCOM in 1994. I still own them, though I did sell some. Those I own are paying me dividends at a goodly rate.

The only reason to sell is if people bid the company up too high. That's good luck, not investing. Buying a share simply in the hope that a greater fool will come along isn't investing, that's speculating.

If QCOM had never exceeded a P:E of 15, that wouldn't matter to me. I'd just go on banking dividends. BTW, this stream has made it to top of the pops in SI.

Mqurice

PS: I note in passing that the great and dreaded disinflationary inflationary deflation never happened.
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